Identify and Grow Your Profit
Be profitable in a low reimbursement landscape.
Feed
A daily delivery of your Profit & Loss data combined with insights found on a typical Day Sheet.
Includes:
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Revenue Conversion Rates
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Recorded Bank Transactions and Production Numbers
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New Patients and Procedure Counts
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Schedule Capacity Indicators
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Top Adjustments by Plan, Payor and Procedure
Overview Summary
A snapshot of profitabilty by procedure type, payor mix and insurance plans.
Includes:
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Procedure types contributing to profit
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Payor Mix by actual procedure volumes
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Insurance Plans and write-offs by visits
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12-Month Trailing Production
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Profit Waterfalls by procedure type
Operational Summary
Key insights into practice performance, procedures and providers.
Includes:
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Operating cost per hour
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Office closures and treatment hour reductions
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Procedure volumes and frequency
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Treatment hour usage by procedure and payor
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Payor contributing profit by visits
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Procedure Mix and Time-Weighted Mix
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Payor Mix and Time-Weighted Mix
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Provider Summaries
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Payors and profit
Profitability Summary
A complete view of your practice's financial performance.
Includes:
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Operating Profit Summary
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Implied Net Profit Waterfall
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Procedure-level profit waterfalls
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Overall profit gains
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Payor Adjustments and Procedure Counts
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Payor Average Net Margins
Financial Summary
A comprehensive view of your practice's financial health and future value.
Includes:
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Adjusted Net Profit (over rolling 12 months)
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Cash on hand and debt
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Add backs (personal business expenses)
Profit Calculator
Understand the effects of increased costs.
Includes:
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Impact of increased costs on overhead and profit
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Required procedures, time, and production to offset costs
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Required procedures, time and production for growth up to 10%
Estimator
Discover the effect of insurance rates and purchases.
Includes:
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Blendrate (actual reimbursement rates) per procedure
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Effects of dropping an insurance (payor or plan)
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Affordability of capital equipment purchases (based on total procedure revenue or specific procedure revenue)
Auditor
Identify areas where profit is being lost.
Includes:
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Revenue Leakage: Compare net production to bank deposits
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Expense Fluctuations: Expense highs, lows and averages per period
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Applied labor Costs: Labor expense compared to time usage, procedures performed and revenue generated
Notifications
Stay informed on how more profit can be made.
Includes:
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Spending and producing thresholds
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Code maximization
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Payor renegotiations
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Provider performance
